# Peter Sperling

> Mediated Wiki article. Canonical URL: https://mediated.wiki/source/Peter_Sperling
> Markdown URL: https://mediated.wiki/source/Peter_Sperling.md
> Source: https://en.wikipedia.org/wiki/Peter_Sperling
> Source revision: 1316218354
> License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/)

**Peter V. Sperling** (born 1960) is an American billionaire businessman. Sperling is the former chairman of [Apollo Group](/source/Apollo_Group),[1] and [CallWave, Inc.](/source/CallWave,_Inc.)[2]

## Early life and education

Sperling is the son of entrepreneur and educator John Sperling, co-founder of the [University of Phoenix](/source/University_of_Phoenix), and Sandra Sperling, who was also an educator and actively involved in the family's philanthropic endeavors.[3] He earned his [Bachelor of Arts](/source/Bachelor_of_Arts) degree in [economics](/source/Economics) from the [University of California at Santa Barbara](/source/University_of_California_at_Santa_Barbara) and his [MBA](/source/Master_of_Business_Administration) from the University of Phoenix.[1]

## Career

Perter Sperling joined Apollo Education in 1986. He took over as chairman at the Apollo Education Group when his father retired in 2001.[1] He remained in that position until 2017 when the group was bought and made private.[4] This came as the University of Phoenix was facing a number of state and federal investigations into many of its practices.[5]

After stepping down from Apollo, Sperling became joined CallWave, a communication services company, as chairman and a 19% owner.[6]

## Political activity

Sperling sponsored and financially backed [Proposition 7](/source/California_Proposition_7_(2008)) of [California](/source/California)'s [November 2008 general election](/source/California_state_elections,_November_2008).[7] Also in 2008, Sperling was listed as one of the 400 wealthiest Americans.[8] Sperling’s net worth is estimated at US$1.7 billion.[1]

## References

1. ["Peter V. Sperling Profile"](https://www.forbes.com/profile/peter-sperling/). *[Forbes](/source/Forbes)*. Retrieved 2025-02-27.

1. ["Peter Sperling (USA)"](https://www.thetimes.com/article/peter-sperling-usa-t5t27xddmd0). *The Times*. 1 March 2009.

1. ["Peter Sperling: Peter Sperling Net Worth, Biography, Age, Spouse, Children & More"](https://www.goodreturns.in/peter-sperling-net-worth-and-biography-blnr1799.html). *Goodreturn*. Retrieved 2025-05-24.

1. Wiles, Russ. ["University of Phoenix parent Apollo Education starts new chapter as private firm"](https://www.azcentral.com/story/money/business/economy/2017/02/06/university-phoenix-parent-apollo-education-starts-new-chapter-private-firm/97553824/). *The Arizona Republic*. Retrieved 2025-05-24.

1. Cohen, Patricia & Bray, Chad (2016-02-08). ["University of Phoenix Owner, Apollo Education Group, Will Be Taken Private"](https://www.nytimes.com/2016/02/09/business/dealbook/apollo-education-group-university-of-phoenix-owner-to-be-taken-private.html). *The New York Times*. [ISSN 0362-4331](https://www.worldcat.org/issn/0362-4331). Retrieved 2025-05-24.

1. ["1 Lightning Bolt"](https://www.forbes.com/forbes/2006/1009/032.html). *Forbes*. Retrieved 2025-05-24.

1. [San Francisco Bay Guardian: State Ballot Measures](http://www.sfbg.com/printable_entry.php?entry_id=7262)

1. ["The 400 Richest Americans"](https://web.archive.org/web/20080921090957/https://www.forbes.com/lists/2008/54/400list08_Peter-Sperling_RQWL.html). *Forbes*. 17 September 2008. Archived from [the original](https://www.forbes.com/lists/2008/54/400list08_Peter-Sperling_RQWL.html) on 21 September 2008.

---
Adapted from the Wikipedia article [Peter Sperling](https://en.wikipedia.org/wiki/Peter_Sperling) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Peter_Sperling?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.